ECON 202 - Principles of Microeconomics (GT-SS1)

Prerequisite

MATH 117 (College Algebra in Context I) or MATH 118 (College Algebra in Context II) or MATH 141 (Calculus in Management Sciences) or MATH 155 (Calculus for Biological Scientists I) or MATH 160 (Calculus for Physical Scientists I).

Description

Principles of Microeconomics is an introduction to decision making by households, firms, and government, and the resulting allocation of resources through markets. This course is designed to introduce you to the subject of economics as it pertains to the behavior of consumers, firms, industries and society, and to their desires to get the most from a limited availability of resources. By the end of the course, you should be able to:

• understand the basic issues of microeconomics, as illustrated by key economic facts and examples from around the world;
• know the basic methods of microeconomics, including basic microeconomic principles and how they are used to build theories of economic behavior;
• apply these principles of economics to critically analyze and explain situations encountered in the real world; and
• appreciate how good economic thinking can help you as a local and global citizen contribute to the making of responsible public policy.

This course is approved for Validation by Education Experience (VEE) by the Society of Actuaries (SOA).

This course has online exams that require a proctor. Online proctoring is available through ProctorU. For traditional site-based proctoring, a Proctor Agreement Form will be required.

This course meets the All-University Core Curriculum (AUCC) requirements for Social/Behavioral Sciences (Category 3C) and is approved under gtPathways in the content area of Economic or Political Systems (GT-SS1).

This course can be applied towards:

• Agricultural Business (B.S.)
• Liberal Arts (B.A.)

Textbooks and Materials

Textbooks and materials can be purchased at the CSU Bookstore unless otherwise indicated.

Required

• Foundations of Microeconomics & MyEconLab Student Access Code Card, 5th Ed. (2011)
  Bade, Robin and Parkin, Michael
  ISBN: 978-0132543514

Instructors

Karen Gebhardt
Karen.Gebhardt@colostate.edu

Dr. Karen Gebhardt is an instructor at Colorado State University. Her research interests, publications and presentations involve the economics of human-wildlife interaction, economics education, and the economics of gender in the United States and world economy. She was the recipient of the Water Pik Excellence in Education Award in 2006 and was nominated for Colorado State University Teacher of the Year in 2006 and 2008.